Skip to content
Guavy Logo GUAVY
Sign up
Back to Guavy Wire
Crypto

Traders Eyeing Retracement as $222M BTC, ETH Shorts Reopen

Guavy AI Editorial Team
Instruments
BTC ETH BNB
Share

A high-stakes trader has reopened short positions on both BTC and ETH on Binance, totaling $222 million in value.

The positions consist of 2236.384 BTC at 4x leverage and 29316.677 ETH at 6x leverage, with a combined floating profit of $40.1K.

According to the provided data, BTC's price action is currently trading inside the Bollinger Bands near upper resistance at $69,770.55.

The RSI for BTC has reached overbought conditions, reading 84.88, suggesting a potential retracement towards the 50-EMA support level of $64,824.5 and the 200-EMA at $64,161.99.

More on Crypto

Crypto 34m ago

Wall Street's Trillion-Dollar Pipeline Fuels Crypto Adoption

Crypto 34m ago

Bitcoin Surge Sends MSTR Back Above $100 Amid Complex Financing Warning

Crypto 34m ago

Bitcoin Smashes Past $70,000 as US Treasury Boosts Liquidity Support

Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Guavy Logo GUAVY

Market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

Navigate

Markets

Resources

© 2026 Guavy Inc

Terms Privacy Policy